#night $NIGHT The NIGHT Token is the native utility and governance token of the Midnight Network, a privacy-focused blockchain designed to support secure and confidential smart contracts. Developed by Input Output Global, the team behind Cardano, NIGHT plays a key role in powering the Midnight ecosystem. Instead of being spent directly for transaction fees, holding NIGHT automatically generates a renewable resource called DUST, which is used to execute transactions and run smart contracts. This system helps maintain predictable costs while preserving users’ token holdings. With a fixed supply of about 24 billion tokens, NIGHT also supports governance, network security, and the growth of privacy-focused decentralized applications. (midnight.network)